Why would this be bad news in any situation? Was the SR shutdown bad news for bulls? We all know the answer.
By the way, we are about to go up (for some other reasons), just watch
In the SR episode the bitcoins were safe , the FBI won't sell them for a few years until the trial ends.
In the sheep case , we have one fugitive trying to run with money , and the scenario he might try to dump them .
He will have to lie low - any fiat that turns up in large quantities will be noticed...
It's not like he needs to sell all of them at once - 1% will fund hiding away for a year - assuming he hasn't already got some money to keep him for a while.
He's only at risk when he shows up with fiat or large coin movements....
We have a guy , previously running a drug market , running away with 90 Millions , trying to make them vanishing but seeing his efforts nuked , with people threatening him (and not normal people) with a media fuss around. Do you think he can keep calm and act by the book ?
He calmly stripped the accounts over DAYS and left fake balances in them so no one would notice until he took the lot.
Pretty well-planned - he must have thought through an exit route - at least a personal one. And he still controls the wallet... for now....
Yeah but the fact that he tried to tumble 96k and then put it together back in one wallet doesn't give him much hope. How many wallets with 90k+ balance do you think there are